Inventories in Hoboken decreased by 2 units to 283 this week. This includes condos/coops and 1 to 4 family properties.
The inventory for downtown Jersey City increased by 6 units to 257.
Hoboken Absorption Rate Update-April 20, 2012
19.16 weeks vs. 21.29 weeks last week (10% decrease)
Downtown Jersey City Absorption Rate Update-April 20, 2012
28.56 weeks vs. 35.10 weeks last week (19.6% decrease)
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Search listings: http://www.viewhobokenhomes.com/
Search downtown Jersey City listings: http://www.alldowntownjerseycityhomes.com/
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